401(k) · DOL Form 5500 · 2022

Grote Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
224
Participants Below avg headcount
87th
Percentile by assets National rank
$189,482
Avg per participant Above avg balance/head
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Official DOL plan name: Grote Industries Savings 401(k) and Salaried Employees Retirement Plan · Sponsored by Grote Industries, Inc. · Indiana · Manufacturing

$42M in assets, 224 participants

Grote Industries, Inc.'s Grote Industries Savings 401(k) and Salaried Employees Retirement Plan reported $42M in total assets and 224 participants in its 2022 DOL Form 5500 filing, ranking in the 87th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #16,570 in Manufacturing (20,602 peers)

Coverage in Indiana

Grote Industries Savings 401(k) and Salaried Employees Retirement Plan covers 224 participants in Indiana, about 41% of the average Indiana filer (state average ~541 per filing). Assets: $42M.

#16,570
in Manufacturing (20,602 peers)
-19.5%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Grote Industries Savings 401(k) and Salaried Employees Retirement Plan's outsized position by total assets

Grote Industries Savings 401(k) and Salaried Employees Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$42,444,037 Top 13% higher than 87% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Grote Industries Savings 401(k) and Salaried Employees Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Grote Industries Savings 401(k) and Salaried Employees Retirement Plan sits mid-pack in the medium band (224 participants).

EBSA filing schedule strip

Filing strip 351048175 · Grote Industries, Inc. PY 2022 · 401(k)

Grote Industries Savings 401(k) and Salaried Employees Retirement Plan · $42M · 224 · 87th

  • IND $42M
  • IND 224
  • IND 87th
  • IND 401(k)
  • IND near Doris Duke Management Foundation 401(k) Plan
  • IND ind #16570

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Indiana →

Grote Industries Savings 401(k) and Salaried Employees Retirement Plan in the asset neighbourhood

Doris Duke Management Foundation 401(k) PlanDoris Duke Management Founda…$42MMark Thomas & Company, Inc. 401(k) Savings PlanMark Thomas & Company, Inc. …$42MGrote Industries Savings 401(k) and Salaried Employees Retirement PlanGrote Industries Savings 401…$42MMossy Companies Salary Deferral 401(k) Profit Sharing PlanMossy Companies Salary Defer…$42MGas South 401(k) Plan$42M
End-of-year total assets ($M) among Grote Industries Savings 401(k) and Salaried Employees Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Indiana filing particulars

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$42M
Net Income-$10M
Employer EIN351048175
Plan Effective Date1984-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Grote Industries, Inc.)

Sponsor-wide plan assets over time

All Grote Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$63M 48.011611148110156% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $42.4M $62.8M ▲ +48.0%
Year Plans Participants Total Assets
2022 1 224 $42M
2023 1 237 $54M
2024 1 356 $63M

Nearby 401(k) Plans in Indiana

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Grote Industries Savings 401(k) and Salaried Employees Retirement Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants Grote Industries Savings 401(k) and Salaried Employees Retirement Plan, Total assets ($B): 0.042444037 · Participants: 224Grote Industries Savings 401(k) and Salaried Employees Retirement PlanElevance Health 401(k) Plan, Total assets ($B): 9.467911456 · Participants: 71898Elevance Health 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 8.875255354 · Participants: 15607The Lilly Employee 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 4.386787904 · Participants: 23710Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.245347601 · Participants: 39243Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.020286876 · Participants: 8632Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Grote Industries Savings 401(k) and Salaried Employees Retirement Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Grote Industries Savings 401(k) and Salaried Employees Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Doris Duke Management Foundation 401(k) Plan in NJ ($42M); by covered participants it is The Bell Company, LLC 401(k) Plan in PA (224 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (224 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Grote Industries Savings 401(k) and Salaried Employees Retirement Plan assets move in 2022?
Grote Industries Savings 401(k) and Salaried Employees Retirement Plan declined sharply - down 19.5% during 2022, from $53M to $42M. Reported net income was -$10M.
How have Grote Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Grote Industries, Inc.'s sponsor-wide assets grew 48.0%, from $42M to $63M.
Where does Grote Industries Savings 401(k) and Salaried Employees Retirement Plan rank by assets among Form 5500 filers?
Grote Industries Savings 401(k) and Salaried Employees Retirement Plan ranks in the 87th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Grote Industries Savings 401(k) and Salaried Employees Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Doris Duke Management Foundation 401(k) Plan in NJ ($42M, 134 participants).
Which 401(k) plans cover a similar participant headcount to Grote Industries Savings 401(k) and Salaried Employees Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is The Bell Company, LLC 401(k) Plan in PA (224 participants, N/A in assets).